Quote:
Originally Posted by kane
He isn't self made, but still, turning $40 million into billions takes some talent and work.
I actually think this is what might make him a decent president. Being president is all about delegating and surrounding yourself with good people who give you good information then you make good decisions based on that information. Trump, I think, is clearly good at that part of business and it could help him in the White House.
That said, the negotiations part may trip him up. In business when you negotiate with someone it is likely that both parties will benefit from the deal so you negotiate in good faith. That isn't the case in politics. Often they have nothing to gain or lose personally and will make shitty decisions and bad deals simply because it speaks to the party narrative. When he has to negotiate with those types of people it could be a real challenge.
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I think he is an incredible marketer of himself. And I mean that, his ability to project the image that he has chosen is awesome. And that image he has created has immense value, not sure about the value he assigns to it, but it is a brand that is valuable. That being said, he is 69, in 51 years (since he was 18) $40,000,000 would be $1.3 Billion dollars at market rates of return. And if you are starting with $40 million or with a more or less a guarantee of $40 million you have access to people and opportunities to make more then a 7% return. Wealth begets wealth and opportunity.
I think a more accurate assessment is that he has been able to market himself well enough to overcome his business failures and to cover his cost of living for those 51 years. Not sure if the data is available, however I would bet that most, (+50%) of people born into a rich family with a $40 million dollar inheritance could keep up with market growth rates. Taking that into account I am not sure his ability to market himself is a trait of a great president. I would take a great business man or salesman over that.
